Continuous recession in the pvc market of Iran
As the PVC market is facing stagnation, currency fluctuations have made a lot of price changes over the past few months
Petrotahlil-In the Iranian market, the price of PVC at this week reach to 92000IRR per kilograms. In the meantime, the price of PVC in the Iranian stock exchange with 751 tomans reduction, fell to 66660IRR, according to Nima's exchange rate.
As the PVC market is facing stagnation, currency fluctuations have made a lot of price changes over the past few months.The dramatic rise in the price of dollar in Iran has been one of the main reasons for the growth of PVC in recent months, with the rate of this commodity doubled. This has led to the sale of PVC on the local market for Iranian PVC makers, Bandar Imam, Ghadir, Arvand and Abadan, efficiently.
On the other hand, the Iranian government has been forced to reduce its willingness to export petrochemicals to supply the currency of petrochemical companies in the Nima system with the price of 77000IRR. Meanwhile, the export price of PVC from Iran to the CIS countries for the Bandar Imam and Ghadir was $ 900 per tons last week, but not announced in the new week from this companies.
